Merit Group PLC Board Change
26 Gennaio 2024 - 8:00AM
RNS Regulatory News
RNS Number : 9813A
Merit Group PLC
26 January 2024
26 January 2024
Merit Group plc
("Merit",
the "Company" or "the Group")
Board
Changes
Merit Group plc (AIM: MRIT), the
data and intelligence business, announces the resignation of its
Chief Executive Officer, David Beck, and the appointment of Philip
Machray as CEO, a position he will combine with his current CFO
responsibilities. David will step down from the Board with
immediate effect.
Mark Smith, Chairman of Merit,
said;
"David joined the company as CEO in
2021 guiding the recovery following the difficult Covid impacted
years and more recently led the restructuring of the Group's
operations completed in 2023. The Group is now focussed on two core
operating businesses both of which are growing and profitable. The
Group continues to trade in line with market
expectations.
"The Board is grateful for the
leadership David has shown; the recovery in the Group's trading,
prospects and value all reflect the hard work he has put in and the
team he has helped recruit. Philip Machray has worked alongside
David throughout the last two years and we are fortunate to have a
natural successor who the Board is confident will continue the good
progress already achieved."
David Beck commented;
"With the Group's restructuring
complete it is the right time for me to move on, I am pleased to be
leaving the business in good health and to be able to hand the
reins over to Philip Machray who has already contributed so much to
the Group's turnaround. I am confident that Phil and Con Conlon,
the other Executive Director, will continue to drive the
shareholder value agenda which has already more than doubled the
Group's equity value in the last twelve months."
For
further information, please contact:
|
|
Merit Group plc
|
|
Mark Smith - Chairman
www.meritgroupplc.com
|
020 7593 5500
|
Canaccord Genuity Limited (Nomad and Broker)
Bobbie Hilliam
Harry Pardoe
|
020 7523 8150
|
|
|
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BOAPPUGPGUPCPUA
Grafico Azioni Merit (LSE:MRIT)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Merit (LSE:MRIT)
Storico
Da Dic 2023 a Dic 2024